Premier Brokers International
111 E Flagler Street 507, Miami, FL 33131
PendingMLS listing sourceMIAMI REALTORS® MLS
PendingMLS® A11916979
$232,000

111 E Flagler Street 507, Miami, FL 33131

Beds
1
Baths
1
Sqft
623
Est. payment$2,328/mo
Home type
Condominium
Year built
1951
Lot size
—
Price / sqft
$372
HOA
$686/mo
Community
FLAGLER FIRST CONDO

Property description

Great investment opportunity in the heart of Downtown Miami! This 1-bedroom, 1-bath condo in the historic, protected Flagler First building is rented at $2,200/month through July 2026, making it perfect for investors. A true gem, ideally located steps from Bayside Marketplace, Whole Foods, Kaseya Center, Julia & Henry's Food Hall, and Miami Dade College, with easy access to the Metrorail. Downtown Miami is growing and transforming, making this unit a solid asset poised to appreciate as the neighborhood modernizes. Nearby parking options add convenience for residents and visitors. Don’t miss this rare opportunity in a prime location!

Listing activity

Days on market
204
Listed
Nov 19, 2025
MLS listing updated
Oct 31, 2026
Feed last checked
5 minutes ago

Listed by Jose Izquierdo · Grand Lion Real Estate Group LLC

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms
1
Bathrooms
1
Bathrooms (decimal)
1
Full bathrooms
1
Half bathrooms
0

Rooms & features

Rooms
0
Interior features
Closet Cabinetry, Elevator, Kitchen Island
Flooring
Ceramic Tile
Appliances
Dishwasher, Disposal, Dryer, Electric Range, Microwave, Refrigerator, Trash Compactor, Washer

Heating & cooling

Heating
Electric
Cooling
Electric
Property

Parking

Garage spaces
0
Carport spaces
0
Covered spaces
0

Exterior

Stories
15
Building area
623 sqft
Entry level
1
View
Other
Waterfront property
No
Construction

Type & style

Home type
Condominium
Year built
1951
New construction
No

Materials

Construction
Block
Property condition
Resale
Utilities & green energy

Not reported by the listing source.

Community & HOA

Community

Subdivision
FLAGLER FIRST CONDO
MLS area
2410
Security
Entry - Phone/Intercom, Fire Alarm, Key Card Entry, Security System, Smoke Detector(s)
Pets allowed
No Restrictions, No
55+ community
Yes

Association

Has association
Yes
Association fee
$686 monthly
Estimated monthly dues
$686
Amenities
Maintenance, Billiard Room, Fitness Center, Lobby, Management, Trash Chute
Services included
Elevator, Insurance, Legal/Accounting, Maintenance Grounds, Maintenance Structure, Reserve Funds, Roof Repairs, Security, Trash, Water
Lease details

Not reported by the listing source.

Location

Area details

City
Miami
County
Miami-Dade
ZIP code
33131
Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number
A11916979
Possession
Close Of Escrow, Negotiable
Original list price
$252,000
Parcel number
0141370570550
Annual property tax
$3,871
Tax year
2025
Tax legal description
FLAGLER FIRST CONDO UNIT 507 UNDIV 0.817167% INT IN COMMON ELEMENTS OFF REC 25653-4280
Additional MLS details

Reported by the listing source

Association Amenities
Maintenance, Billiard Room, Fitness Center, Lobby, Management, Trash Chute
Association Fee Frequency
Monthly
Association Fee Includes
Elevator, Insurance, Legal/Accounting, Maintenance Grounds, Maintenance Structure, Reserve Funds, Roof Repairs, Security, Trash, Water
Association
Yes
Bathrooms Total Decimal
1
Bathrooms Total Integer
1
Building Area Total
623
Construction Materials
Block
County Or Parish
Miami-Dade
Days On Market
204
Elementary School
Frederick Douglass
High School
Booker T. Washington
List Price
232000
Listing Contract Date
2025-11-19
Living Area
623
MLSArea Major
2410
Middle Or Junior School
Jose De Diego
Mls Status
Pending
On Market Date
2026-03-05
Photos Count
14
Postal Code
33131
Price Change Timestamp
2025-12-18T18:07:28Z
Property Sub Type
Condominium
Property Type
Residential
Rooms Total
0
Security Features
Entry - Phone/Intercom, Fire Alarm, Key Card Entry, Security System, Smoke Detector(s)
Senior Community
Yes
Standard Status
Pending
State Or Province
FL
Status Change Timestamp
2026-06-11T21:16:42Z
Stories Total
15
Subdivision Name
FLAGLER FIRST CONDO
Tax Annual Amount
3871
Bathrooms Full
1
Bedrooms Total
1
Waterfront
No
Bathrooms Half
0
General Property Information: Senior Community
Yes
Financial Information: Estimated Monthly Assoc Recurring Fee
686

Market value

Automated estimate—No licensed valuation source connected
Estimated sales range—Ask Karim for a local market analysis
Estimated rent—No licensed rental valuation source connected

Price history

DateEventPrice
Nov 19, 2025ListedMIAMI REALTORS® MLS$252,000$404/sqft
Dec 18, 2025Price reducedMIAMI REALTORS® MLS$232,000$372/sqft

Public tax history

YearProperty taxesAssessment
2025$3,871—

Payment calculator

Estimated monthly payment$2,328/moIllustrative estimate, not a loan offer.
Principal & interest
$1,204
Property taxes
$323
Insurance
$116
Association dues
$686

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

FLAGLER FIRST CONDO

Miami · Miami-Dade County · 33131

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

Frederick DouglassElementary
—
Jose De DiegoMiddle
—
Booker T. WashingtonHigh
—
School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

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12 homes

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MLS listing source

MIAMI REALTORS® MLS · Listing courtesy of Grand Lion Real Estate Group LLC. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use and may be used only to identify prospective properties they may be interested in purchasing or leasing. Terms of use · Equal Housing Opportunity.